Tehran awaits US reply on Hormuz deal as crude rises
Iran expects a US response today on its Hormuz proposal; oil prices climb again.
29/09/2026 05:517 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
State Street strategist says gold may test $4,000 on rate jitters, still sees $5,000 in six months
State Street sees gold potentially dipping to $4,000 on rate fears but still targets $5,000 within six months.
29/09/2026 01:2415 min read
Trump weighs red diesel rule changes as alternative to export ban
Tax-exempt red diesel is being considered by the White House to lower fuel prices as an alternative to a diesel export ban.
29/09/2026 00:5221 min read
Iran awaits US final reply via Qatar by Tuesday, minister says
Iranian FM Araqchi hopes to receive US final answer via Qatari mediators by Tuesday, as mediation becomes more serious.
28/09/2026 22:4213 min read
Iran FM says ideas exchanged with Qatar, Hormuz reopening conditional
Iran discussed proposals with Qatari mediators for US; Hormuz reopening tied to Supreme Leader's conditions.
28/09/2026 22:2113 min read
Trump dismisses Axios Iran sanctions relief story as hoax
Trump denied an Axios report on Iran sanctions relief as a hoax, adding market uncertainty ahead of mediated talks.
28/09/2026 22:1215 min read
Gold slides below channel as failed 4,200 rally prompts trade size cut
Gold breaks below key channel support; a failed rally above 4,200 leads to position size reduction.
28/09/2026 22:0122 min read
Oil edges higher after Trump rejects Hormuz reopening plan; diplomacy caps gains
Crude finished a volatile session modestly higher, with supply fears trumping hopes of a US-Iran breakthrough after Trump dismissed the Hormuz proposal.
28/09/2026 21:2320 min read
Goldman warns diesel export restrictions could raise US gasoline costs
Goldman Sachs analysis finds a US diesel export ban would initially lower diesel prices but eventually raise gasoline prices and disrupt global markets.
28/09/2026 19:317 min read
New York Stay of Iranian Minister Not Extended
Aragchi's New York stay was not extended; he met mediators, but the US did not accept their proposal and offered nothing constructive. Oil rose on the report.
28/09/2026 15:131 min read
Iran's FM Araqchi to hold talks with mediators in New York
Iran's foreign minister meets mediators in New York; oil and yields react as diplomacy continues after Trump's rejection.
28/09/2026 14:414 min read
Oil retreats as reports point to revived US-Iran talks on amended seven-day Hormuz plan
Oil prices fell on reports of a possible resumption of US-Iran talks focused on an amended version of the seven-day Hormuz proposal.
28/09/2026 12:454 min read
Oil prices climb after Trump rejects Iran's Hormuz deal and threatens more strikes
Oil rose after Trump rejected Iran's proposal to reopen the Strait of Hormuz and threatened more bombing.
28/09/2026 10:319 min read
Gold under pressure after Trump rejects Iranian Strait of Hormuz proposal
Gold fell after Trump rejected Iran's proposal to reopen the Strait of Hormuz and signalled renewed bombing after the midterms.
28/09/2026 08:1510 min read
Fed rate hike prospects trigger $1 trillion sell-off in gold, silver
Gold and silver lost about $1.05 trillion in combined market value on Monday amid rising expectations of a Federal Reserve rate hike.
28/09/2026 08:1111 min read